Evening Star Newspaper, July 24, 1930, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTON. D. C., THURSDAY, JULY 24, 1930. FINANCIAL. MTRM"UN NEW YORK STOCK EXCHANGE ISTUCKS IRREGUMR | Fi;;'gg;;g:g‘ag'-‘;,:" il National Metropolitan Bank Rossived by Private Wire BDiveet $o The Siar Offee. I Alexandria, Vi - i Commonwealth Investment : Hfilfls RECEN]l GAlN exce ATte— Al stocky are & ..::, i ove ‘}:m:nfl hare ienasie L Eren |N lUWER M ARKH I Co., lnés 15th St., Opposite U. S. Treasury which shows those seocks te be sold in odd lots only. 4 A 35% 354 5 | 806 15tk St. N.W. Phone Nationai n}s 1814—Oldest National Bank in the District of Columbia—1930 b o b 7% F T&R . m > m:h"ll'g‘ Ablnl:l?“l;-..::“.p.x‘.:‘"n e 6 g‘EE’é?fw st of. é‘i H 'l 2! 26'% '~ . v = #: Closes Fractionally Higher| ix 21w Adams bxs (i60re. 52 2m 271 Fisk Rub 1st pfcv. 108 9 o' Profit Taking and Bear Sell-| 85% Adams Exprs pf (5) 10s 90t 90% E Follansbee Bros (3). 2 26 A { Foster Wheeler (2).. 3 Today in Lighter Trading oS b . i g i s Fourth Natl Invest.. i 5| ing Cause Numerous Drops TRUSTEED SHARES ‘ Why Ru1_1 1% 6 i 156% 103% Alr Reduction 88 117% 115w 1154 Fox Film (A) (4)... T . on Local Exchange. 415 Alaska Juneau 2 5 | Freevort. Tex (15) ; in List e DRAG B o AR the RlSkS 45% 18 Allegheny Corp. 5 2 5% Gabriel Snub(A)new . | YIELD and GROWTH of principal B 2 85 AllexSieel (123007 1 B 5 Gardner Motor., 3 3 3 oo, e S R that attend carryin SRR AR 7 Alleg C 9 9 G 2 SR ERUAE - COLIYIHE BY EDWARD C. STONE. LR e R e A h BY CLAUDE A. JAGGER, | Bl el T o large sums of cash on Trading in Capital Traction stock| 9 Rd% Alleg Cp x $30 w515, 47 Gen Bronze (3) 9 9 9 Associated Press Financial Edjlor. 'z l;’ '—‘w o, P vour person when was lighter today, but the sharp ad-| 34 2 Allled Ch & Dye(né) 7 2 Gen Cigar (4) Bl 454 45 NEW YORK, July 24.—Bull forces o TRAVELERS CHECKS yance scored since the higher carefares 4814 Allis-Chalmers (3. . 767 5 Gen Electrio (1.60).. 299 : | gave the stock market a rest today, but Standard Collateral ire so much safer and were permitted by the court was well 24 Alpha Port Cmt (2). y i Gen Elec spec (§0¢) et it Gt o Doyt eeds o SR P PR maintained. The stock opened today| 3 18 Amerada Corp (2)... 2 P 4 4 464 Gen FFood Corp (3)..y " 2 R ing shares at concessions of a point or | Shares Corporation U ' at 67ls, advanced to 67' and closed 4% Am Agricul Chem... ; Gen GasiEL A(e30). 4 two from yesterday's final levels and ||| Woodwara Boilaing Met. 3183 sieen to ayone chic at 673, fractionally higher than yes-| ¥ 23 ‘Am Agricul Ch of. .. 3 5 Gen G&El v pf(6. 5 R to discourage any very ambitious bear- — without your counter- terday's close. §T% R Am Bank Note (13). 4 0% 40K Gen Milla @3)..... O A, -4 signature and as good as lay's sales in Capital Traction m Bank Note pf (3) 200: 2 2 en Motors (13.30). . 454 - v ready cash 3 re Ritaling’ only 40 Shares. So. Tar. this 516 Am Beet Sugares.... 1 5% 5 2% Gen Motorspf wi (5) 80 847 841 94% 4k m(::a;h\evn‘rvxh:k{u:‘fmlxfi: fi,??n’“?‘-‘;e%: Money where, G week there has been a total turnover| 3% 27 Am Bosch Magneto.. 1 31% 3 5 131% Gen Motors pf (7). 2 1z 188 oo or more. . Prige trends changed | > in this issue of about 515 shares, It| 54% 41% Am Brake Shoe(2.40) 2 % 45 21% 8% Gen Outdoor Adv. Ee 2 12 | R lently I extremely dull trading. | 3% on Savings 1§ interesting to note that most of | 21% M Am Brown BovElee. 10 19 a :é’." - genOu( AdV(A) (4). 8 264 oo wgre T ubatantial Gipe ot to oan v g s shles have been in’ small Jots, ¢ Am Brown B E pf(1) 50s 5 o en Realty & UMl .. 2 17! times, ‘followed by moderate ralles. | O Apsbaved PR o fhan hete WeeR. The Bt S IR 0y S it 90 5K /G Bt ooty Trading was in such small volume that || higher fares are now in cffect and most | 52'¢ 42 Am Car & Fdy (8). .. L o tati : : 4 5 7 e moldees Wopeer e tiag for| 116 95 AmCar& Favp(i). 3 99 8 - soi.| 1% Gen Theat Equip vte 9 35 35"’3}(’%:‘0&‘:;‘; tape was stationary much District of Columbia PROPERTY MANAGEMENT the first report of earnings under the 9 Am Chain (3). B5 5 fi 5 5 Gillette Saf Raz(n§) 4 7914 | o % 3 Micvload &2, dnstivepo : it A A PhoLBRE ST e i e B Toa| The General Motors esrnings state- | and Marylan " The first of this weck the street car| 33, 9% Am Comm Alcohol.. a1z 17 5tk Glidden Co (3). g7 17 | T A et o axor in | Real Estate eonductors did a surprising business in| 59! 33 Am European Secur. 39 Glidden pr pf (T).. 95 | the anme period last year, was generally | tokens. The conductors leave the Cap- 56% Am & Forn Power. .. 203 77 7 Sl Gobel (Adolf). 7 8 9% 9% | Jogarded with satistaction The. sub- 1 t4a] Traction barns in the morning with 14 Am Hawallan (110). 4 3 % Gold Dust (2%). 3 A | TR proveInent in the company’s | 3 &; 67 300 tokens. They reported that these 78 Amlcepf(6)....... 1 8 3 221 Goodrich (B F) (4) 7 7 . h positi pn since the first of the ..5;', 2/l 0 were sold out in a very short time and| 3° % Am Internat] (2).... 26 35 3% | S " Goodyear Tire (5)... e el v Apblicats they had to go back for more. \s Am LaFr & Foam pt, 308 Gosdysaristpf(f).. & 95 95 95 95 |uoe I8 GECLIEE B e apotscre, phlications Thdia Simp 1 eale’ Was in| Soits of 90 Am Locomotpf (7). 2 95 ¢ F Gould Coupler. 9 | S el 2 | Tnvitid the fact that the company would sell 9 Am Mach & Metals. . 3 3 ; 5% Graham-Paig 6 674 Steel Report Awaited. | HIS service of ours is but six tokens to a passenger. The| . 20 Am Metal (3)....... : 8 Granby Con M| E 24 June report is now due at the office of Am Nat Gas pf (7) Grand Unfon. 515 Wall Street is now waiting rat P T | < g the Public Utilities Commission, but will | 119 i« Am Pwr & Lt (1) 5 » 3 Grand Unlon p! ,‘"‘""“““”{“""' ‘i“‘:,"’ 5‘“{‘:1."%“',“‘ | HANNON_ LUCHN I} designed to do two hu‘;'ed'nlfllhmg to do with the new Zare! 17 s s ;:; ‘&dl;:k DE6). 4 8 :‘:nr:: ‘tY. 1-: g 1 ); 4 33 33| ATOINES SU D e ihrors that - Xy things — increase owner- achedule. m P&LY st(5). ; ‘ | 102 Srt North of (5). 3 2 8o : } Othet. transactions on the Washing- | 3% 3% Am RSt San 1% 19 261 26 264 ‘ SN S toRea Bugca e 28 - T e aained dithe DR 1435 K St. N.W. il 153 income and elimi ton Stock Excha o| 145 126% Am Rad & SSpf (7). 40s 145 145 185 2 Grt West Sug of (7). ; ; they have gained little credence. | - ome eliminate en- nge today included two ot (1) 14 1 € v s Majat Gorpiors LR s E-‘leamln “33""3 Monotype at 11413, .° lni“ :: :{z:'l'l‘;h";:m ; m 19 Grigsby Grun:w“;‘. 5 $ 16 |gar reep;;“;m e e thle nmmh.u S | - tively alfichre and Winon lectric at 98. Potomac Electric P ! 4 ng (n2 iuantanamo Sug pf. \2/ - Electric at98, Pmommf 1-:1&-1:.((- l’::.:: Am Safety Razor(5) 1 : Guilf Mobile & North jeen yralitylug, DS el o i ?fi"“”” < | ibili £ 9 51 per ceni preferred cold at 10815 | 45 467 Am Shipbnilding (5)120s 50 49 4 Gulf Mo & N of (6).. 9 i ikl ":f:‘[“‘l‘,‘“' TR UL i B . sibility of owner-manage- and 108'4. Steamboat rights moved at o8 I & HANG) s 21 66% g b 26 Hackensack W (1%4) 2 | dend rates from $3 to $2, the first steel | g 16 to 16%;. 22Bond trading was light % Am Solv & Chem 108 51 12% Hahn Dept Stores 7 e Roate 10 Tegaier distwirss- | ! ment. at recent levels. 5% Am Steel Fdy (3) 5 .39% Hahn Dept S pt(6 21, 82 ments this ved | I Y 3 ot year. The company showed . [ | & Norfolk & Western Net Off. M G L TR e R HEINIW Y IEs Col8) : s & proft in the second quarter, however, ! LI More than a third of a The Norfolk & Western Railway Co. 20014 Am Tel & 8 « 217% | 11 < sy Lt S 1 compared to & deficit {1 the first, | f o i1l ’, i Teports for six months ended June 30, 197 Am Tohacz:lfflf”" bt 2 PR it :;n“{‘“z:” i | permens z:\;“g:g 's none :?onpl‘cols:)r:; > century’s experience makes , net income of $14.747.478 after 197 Am Tobacco B (8) y H - o | " @ g taxes and charges, equivalent after divi- 106 Am Type Fdy pf (7). 108 1143 2:“ e Hayes Body........ 28 cent wage reduction by National Cash our service efficient setvice. dend requirement on 4 per cent pre- % 78% Am Water Wks (nl). 33 95 9%e 88 B e P Lty ferred stock, to $10.15 Sl 2 i 2% 93 9 ¢ oudadlle-! 5 . utdown for another week. I i 29 Fes) g%, 20 . 28 9 . lown was_available. Such s as . . . pares with $17,656,429, or $12.24 a share 291 Am Writ Pa pf (1) 138 aey ¢ Hud&Man Ry (3.50). 6% American Telephone, U. S. Steel, West- 1 Apartment House MANAGEMENT 3 11“.:34,531 shares in frst six months| 17 64 AmzincLd & Sm. ... 10 H B Hudson Motor (5)... a5 inghouse Electric, Stamdard of New 925 15th St. N.W. Nat'l 2100 The statement for June and six A e LD GBe (885 Shu: Hupp Motor Car (2). 15 Jersey and Radio Keith, sagged & point | v Ve e “ s 2 d op (3%4). N 49% 49 50K 1 1ag4, {llinols Central (7).. 118 or so at times, but were quickly sup-| months compares ‘as- follows: 5 # Anchor Cap (2.40) 42 4% 81y Independ Ol & G(2). 22y 224 2 ported. Radio, General Electric and | o MO0 RET ) GLEATG B E O A“N 8§ 10 % ey £y 1 une Eross ... ... $8813.380 W% Armont ot - < St e Tnd Motor Cycle..... 3 51 6 “Eii| General Motors were active features, ot operacing iacome | 3andsd 3T 4 {ndian ReARIDR. -« -~ 4 1%% 19% 1% but moved narrowly. The last-named ik ¥l otal” inepme. - s X 2% Armour of 1Nl (B). 2, ; | rplus afier chares Yo S ates Prigfrdsgdnibe dol 2 " 1544 Ingersoll-Rand (15). 98 198 19 98 | received particularly good support. &ix months e i A9k 594 59 3 214 Inspiration Cop (2).. % 15 5 5 i g st o T T R e Interboro Rap Tran. ; 2 CHeE e 9 Good-Bye to ‘“Good B ) orslus ] % robt bl Bl AU g e 4 Intl Agricultural 5 | American Can sold a little higher at | oa-bye to uys s Potley A\aé Tre Shser 2 Aol 4 3 k 214 ntl Agricul pf (1) ; 57% 56 |times. Allied Chemical, Safeway Stores, { - 2! 81 Atch To& S Fe (10). 6 2231 2231 2231 22 ¢ ~ 1 - | 127 1, s In the abs 4 2 o td % 3 13 ; A ) s movements OF Ehange in. acmand Tor| T AR DS S g2 MU 100 100k 19% Bon Tnt) Coment i40sems 67 6 e e ermationni Gement was a || ~ Underwriters - Distributora Without a miflosnt's trdish, fivestars currency, the principal factor in further {014 At Renning 43y, 10 248 0% 3 30 s [ntl Combustion. E ? strong spot, rising more than. 3, and INVESTMENT of today have cheerfully scrapped the decline in money rates in the United 101" Atlas Powder pf (6], 30s 10815 1031 1035 1 e s 21 T Pt R good old grapevine telegraph of finance tinued pol; n 5 Atlas Stores (nl). 2 208 ' : mr‘ymlpgéscgr\?e‘ Banks, Tepresamod dire | T - oy aeate iy NYse 40 128 1400 108 i Intl Hyaro E1A (e2) officlally at 2 per cent, but as low as | ~—-wiiicli'geed t¢ whisper fo-them mys- une by the £ Pt i 2 51 T 3 s ic w - v of Governesmt dciition 1. oo | o AustinNichprX (@) 1 21 11 2l 9% ol rr g sl g LA ol e e | tic words about a stock that was a ket, further reduction of discount rates L (3) 58 734 " 70% T84 Intl Nickl of Can(1). 5 2 3 late trading when some of the leaders, | “sure thing buy”—muffled sales talk on giant, undeveloped holdings, a new for, bankery’! acoeptances. and. fither Y 'm Aviation Corpof Del 2 64 64 6% 6 9 Intl Pap & Pwr (C).. including United States Steel and Wasnincton Orrica reduction of discount rates at Cleve- 19% Balawin Loco (1%). 9 24 23 2 Intl Pap&Pwr pf (7). 7 6% 77% | American Telephone, off about 15 each, 5 land, New York and Chicago, Federal| ! 10414 Baldwin Loco pf (7) 10s 106%: 106% 106% 97%% Intl Rwys Cent Am.. 2 | touched their lowest prices of the day. %37 15th Street N. W, : h sould. “mak illions” ek Bl i b 981 Balto® ORlo (1)..... 4 106% 106 1061 E Int Rys Cen A of (5) 3 51 | United States Industrial Alcohol was process that wou make millions Teview of banking developments. < 78% Balto& Ohlopf (4).. 1 Bdis 841y Bdl & 5 6 [at] Salt (new) ... i 38% 38w weak, dropping 8 points, while J. I Telephone, National 1053 for the companv (if it worked)—and “The more important of these changes| & 8 l;-nxk Arcos (3%). 2 73 73 13 2 Intl Tel & Teleg (2). o 45 | Case lost nearly as much.” Pool opera- | OF. b, Compax 5 have been accession of funds to ine| 04 20% Barnsdal. A (2).. 21 24% 23% 2 Inter Dept Strs (2).. 4 22 | tions for the advance were resumed in all the new fol-de-rol of frenzied in- mfle\:u m;rkcthdunng the period,” says| . 2’11\0 S:fl’r'ffi‘;c'rm pl":";). 90; lgl 99 9 Investors Equity(2). & 5 15% | a few stocks, including Atlantic Refin- 3 + + ard, “through (1) purchase b; - . e Cream R 4% RA% ville (3).. 7 K | eries, Coca Cola, American Power & | o vestment . . . e R 49% Beech-Nut Pkg (3).. 1 56 56 56 N s 154 | Eight. CUnderwood-Elliott-Fisher _and (| Mas® Ovrica - Barriveas 2 21 United States Government ' securities; | 62 34 Belding-Hemingw 1 4% 4% 4% % Jordan Motor Car. | American Chain, up a couple of points (3) inflow.of money from. circulation % 275% Bendix Aviation (3). 7 33% 33 3 % Kan City Sou (6 el Yo b5 m‘:;euhA The close was easy. Sales ap- Tnstead. investors the country over are A 40 4 Intl Bus Mach (né)., 2 2 3% | Chesapeake & Ohio, Western Union and bt 5 Int] Harvester (234). 3% | Light and Coca Cola were firm. 278, 28 % Intl Harvester pf(7). 2 143 142 Credits remained easy, with call loans | SECURITIES (partly seasonal) in th : 31'% Best & Co (2)..... 7 2 : ted 1,800,000 shares. ;325,000,000: (3) an incrzas:n:;}ug'iqs?{ 1 133:' g':::&:.m gzm’m. 3 9 4 a:ix;;ersl{:’l:‘.:-’;‘zrm. 2 28 5 2::_ proximated 1,800,000 shares. Jamandine . FACTE Srivoof over " 00,000 through gold imports f . 22% Setlilehem Sti of I7) 2 ! ’ $ 3 3 3% k Y abroad, in the monetary "‘S‘é Stock of | 69 28% Bohn Al & Brass (3). E 3 f:’xfi,’..‘?:ry(‘::r':' L. s 3 34 2 period of vears, the had years as well Ve - 23% Borg Warner (3) 15 301 2 Stock Market Views Explained. 131 Briggs Mg Co....o. 183 24% san 3 Kinney (GR ) of (3) 11 ; : o 2 P Eoili M. J. Meehan & Co. has issued a cir- 1 1216 Brockway Motor Trk 17 17% Ten Radi 3 Dividend No. 5 lndustrlal 2 buving will vield them an unfailing re- cular explaining ‘why the Wall street 58% Bklyn-Manhat (4 4 66% 66% 66% 2 . turn—desnite commadity nrice chanees. brokerage firm is urging the purchase of 15 Bklyn UnfonGas (5) 1130 130 130 4 : 4l 5 1 e . sound siocks ,zo,,crl.:sg(‘,’,fi,_ it 13 Bruns-Balk Col.. .. 1 e & 5 Credlt Corporatlon I market donressions. brokers’ loans. and e gains in sf prices recorded in a b % Bruns Ter y 8. 10 e - e % Sk Deriod of oter aixyewrs have been 33 Bucyrus ev ot (1%). 3y 87 Lo ::ozg’r].:'lrk (n1). 55 26% 25% | - of America all the other ovrations that affect a out, an e brokers say t cerewm 4 g0 rans. 9 9, 9 FORPAR oy from the very severity of this decline it 814 Budd Wheel (1 11 Lambert Co (8) ™ 92 2 Wall Street stock .. . : ;wultlms::lt:hob\;lous that it had gone too s RADATR O3 3) % 861 3 (it o A - 2 The Board of Directors of In- 3 [ar—tha e force: U "4 Burr el s 33 3 A o | X . . s, ] > 3 T thie tib Dave gpent hemmives. |3 99 Bush Term deb (7)., > Dous R ) 12 9 R dustrial Credit Corporation of And that is why so many investors are “Today, at it th st of de- 2 Butte Supertor GeAL p: 4 Lib Owens F G1 (1), 5 1 s Pl o prmmnylnnn‘x:o‘tlar‘nec:;lnymn°yelak;.e the 66 Byers (A M)........ 7 4 Liggett & Myers(15) 5 .9 03 | ¢ America has declared a_quar- vjnnFm" investments such as the 6 % steel industry is running not far from 60 1 Callaahan Zine & Ld. t:-'n'.‘ lu::ll‘!'(‘m. 9 9 9 p terly dividend of $.3274 per i Tirst Martoace Nates sold threneh the per cent capacitygand the leading steel | 33 13 Calumet&Hec(al%). 5 15% 15% 15 52% Liquid Carbonio 9 9 ~— h. h S Swartzell. Rheem & Hensey Comvany “The records of sion < ‘anada South (3).... 60 (S iti vhi v 0 i flation in American industry so far as| 226% 184% Canadian Pacific(10) A ; touol‘l‘l;h : & o e : : payable August 15, 1930 to securities T\'hnrh haw'e proved their they are avaliable—and tht go back for | 624 45% Can Paciftriew)w.s. TR ATHR 4% A Loohe-Wiles 1at (1): 9 : Industrial stockholders of record July 31. steady. unfailing earning. power. the many years—show that the average du- % Car Clin & Ohio (4).. 91 9 2 5 ; 3 et Tation of a depression is in the neigh-| 65K 43% Cerro de Pasco (§)., R T Lortliard (F) Ce.. ; 1% 22 | Bank o b unshakable safety of their principal, borhood of one year, seldom has it ex- | 362% 1564 Case (3 1) (6)... ... 97 187 189% .l a it : . since the first of these Not cezded 13 months. 9% 54 Caterpillar Trac 3% 63 631 6 8 e . Ll el s sincefhe: fitst: of “tfioses oY, es R Pati of 1GAnS o mienibare 001/ 160 L8 "CAIDISE 00 xhe s et . T8t Mac And & F (12.85). 5 | Komoge foo, T issued in April, 1869, the Stock Exchange to the market value | 677% 20% Checker Cab (4.20).. 6% 264 27 McGraw-Hill (2) 3 i3 of all listed stocks a% the end of June is | 241% 171 Ches & Ohfo (10).... 189 : only 5.8 per cent against 9.82 per cent| 17% 8t ChiGreat Western.. 1% on Octobsr 1, 1920. Obiviously there is{ 52% 27 ChiGreat Westn pf.. 40 no danger that an excessive use of | 26% 124 Chi M1l StP & Pae. .. 15% 4 lndancy(l‘. SWARTZFIL, stock market funds is now being made. 46Y% 204 Chi Mil StP & Pac pf ison S0 G (1%). o e S bt | I 4 umanwdl, § i B ) e : First Mortgage Loans '3“557?,., &'25?3,5;5( )} courages it. Money conditions today | 125% 85 ChiR1I& Pac i 5 10 K 4 Manhat Elev gtd (7) " cears” 57 % Ci g 20 5% Marshall Field (2 6 " 5 ¥ e | bave been in many years. 4914 Childs Co 12 40) 54% B3 53 . H ot P"r;_m}‘.’_ On improved Real Estate in the District of Columbia 727 15 STREET N.\N./ 601« Borden Co (k3). . 34 80% 8% 0 : d ° 4 BO% TRY N Kennecott Cop (3).. _ 52 9% 394 39 as,the gond, fhatithe security they are . SEEIAIARS S ARSI IR are unquestionably easier than they| 321 20 Chickasah Cotton 2 20 Man Elévamod g (d5) The above view is decidedly interest- 3 24 Chrvsler Corp 248 31% 30% 30% ing, no matter what view is taken of 2 3 City Ice&Fuel pf 6% 0 5 ol A Mathieson Alkili (3). 1 Y Y and nearby Maryland and Virginia for 3, 5 or 10 ng m y uelpl#% 120s 85 85 85 1 » ™ \ WAQHIN.GTON D.C. 3 1 Mathieson pf (1).... 0 ar future of the market. 3% 5% City St 1600 the ne: f ores (6l May Dept Strs (n2).. 30% Clark Equipment (3) Pennsy Stockholders Increase. 91% 1331 Coca-Col 8 179% 17 2 Maytag Co (12). 3 Another new high remrdfl;ln thckl';’um- Y 50 Colgaf 2 HOIVHI-CSIIDI 2). 3 p 4 ber of Pennsylvania Railroad stockhold- | - 14% Collins & Afkman. ... 2 Mengel Co (2). - - 2% | Home ildi ers has been reached for the present 214 Colonia) Beacon 3 5 3 ) Mexican Seaboard . 234 2 2 0 Office Building B month, 207,869 owners being registered 361 Col Fuel & Iron (2),, 12 501 9 - Y 5 Miami Copper (1%). Apartment on the books, according to a compila- 65 Colo& South (3).s.s 1 67% G 3 Michigan Stl (h2%) 9 wsiness Property tion made public today. The July, 1930, 68% Colo & Sou 18t pf (4) 208 75 221 Mid-Cont Petm (2) 2 4% 24y ~ registration shows an increase of 49.413, 5 60 Colo & Sou 2d pf (4). 308 65 Middle States Of 8s compared with the same month a 5814 Col Gas & Bl 2). ... ; 5 5| B3 Midland St. % 304 3 Apply 2 3 year ago, and an advance of 1,010 over 104'% ColGas& Eipf A(6) 3 106's 106 i 106 | i i Strhig AR e l”vtte Minn Lo I the preceding month. 37% 15% Colum Graph (a28¢). 62 18% 18) : 1 - | v SN B re Cimerease in recent months has| 199 108 Columbian Carb (16) 21 141% 138 : 2% MOICAn s Toxas (1) 4l 41% di% RANDALL H. HAGNER & COMPANY 7 7 F Pk 2 e 8% O5'4 Mo Kan & Tex pfil). 1004 1001 [ app ications i ue primarily to the allotment at | 23% Comm Credit (2). ... een due primarily | ? Missouri Pac pf (5).. 3 1234 1284 23 MORTGAGE LOAN CORRESFONDENT 2 year terms on your par of new stock to stockholders in 1929 28% Comm Inv Tr(g1.60) 6 34 34 and in 1928 to both stockholders and 20% Comm Solvents (31) $4¢ 28 17 Mohawk Carpet..... 1 3 or employes, ‘There has bepn also a con- 4 12% Comwlith & Sou(60c) 60 14% 14% 14 Montgom rd (3).. 59 NEW YORE LIFE INSURANCE COMPANY tinuance of the general tendency to- 99 Cmwith & Sou pf () 1 101% 101% 101% Motor Meter G & El.. ' MP. ward a wider distribution of stock | 19% 104 Congoleum-Nairn 8 13w 1246 1215 123 Motor Products (2). i 1321 Connecticut Ave. Decatur 3600 o st . 5 301 Congres: % 300 it g Mullins Mfg pt (7). among permanent investors. ngress Cggars ( 4 30% 30 30 i s T The new figures show that the :2”_"%- ‘]‘Z Ennlol’ s‘l‘l’ nr‘pf’ %. 108 70 70 70 i o 3 age holding of all stockholders is 62.33, . Consol mpf(2).. .1 20% 20% - " Nash Motors ( 3 3 a decrease of 8.72 shares, as compared | 136%4 06 Consol GasN ¥ (4). 121 1125 110% 110% . | 134 Nash Chat & StL(5). Toa dogy toor 182 Nachom i) i ‘ ortgage on residences and busi- With a year ago. A total of 12,055.448 | 103% 99'; Consol Gas NY pf(6) 5 5 Fhares at a par value of $50 each was | 22'z 11% ContalneriA) (1.20). 1 14% 14k ldu 2 Natl Bella H b 1 | outstanding on July 1. Especially note- | 3% Container(B).. 1 74% a% A% 3 5 - ‘ ans worthy has been the &r(;crmsv-kr:nm(hv 524 181: Contl Baking (A) ° 2 2 4 . 140 number of New England stockholders. 3% Contl Baking (B) 1 T Almost 30,000 New Englanders own ap- 50'% Contl Can (3% ) 6 C I S/ proximately 12 per -cent of the rail- 16%4 Contl Diamond (2). i ORPORATE RUST ARES Toad's outstanding stock and represent | 0% 18% Contl Oli of Del..... N PmeLs 1), ‘ y 14 r cent of the registered share- i 20 Cont!Shares (1). . Na! Ra ator. e . ordre. | 1115 ¥7%% Corn Prod Ref(t4%) 2 6 2 53 Natl Steel (2 2 62 6 3 b ol i ness properties in the The current figures also reveal the 15% Coty Ine..... 214 2 9 Natl Surety (5). 4 common stock investment in 28 o Diseis t Calinbs fact that women own almost 33 per | 25% Cream of Wht(12% 311y 3 i Natl TenCo€2)..... 2 2014 2 29 9% | America's greatest corporations, sponsored | 1strict o. olumbia cent of the Pennsylvania’s stock and as | % Crown Cork & Seal Ble sner Bros (1.60). 3 4 3 : ) SP! 1 NG L a group make up more than 47 per cent 7012 Cruectble Steel (kb 1 8% W TE% 79 ada Copper (1%) i n by over 800 investment houses and banks from and nearby arylan of the stockholders. A total of 99.451 104 Crucible Steel pf (1) 50s 110 109 109 2 N Y Centra) (8)..... women own a total of 4,262,198 shares 2 Cuba Cane Product 1 2% 2% 2w zz(l:::.&"a”.’%r)m. 9% 108% coast to coast, . i R A e N e “This is an average holding of 43 shares. | 12614 105% Curtis Publish (18%" 1117 117 117 .20)... 3 i "% Curtis % 1184 118 97% N Y N H & Hart (6). 5 FABIY 2 ( J ) Heard in Financial District. e e L L 11O e v R i g8 10 | Cash distributions of $3.28 a share during the 18 Long Term if desired), N S e 8. Curt Wright Corp A 4 2 L or f & Western (10) * 1 23 2 ’ month period ending June 30, 1930, were greater R A tan < kash: 5 Cutler-Hammer(33%) 3 3 Norfolk & Wn pt (4) okt & {reasurer of the Washington Loan & 5 - v 4 i @ g 4 SraetGo., I spending the remainder of | 3% 24% Davison Chemieal .. 28 2Ry 8 et {oud < than those made during that period by any com. | Piiil Th the month of July at Atlantic City. 0 Deere & Co pf, (1.40). E vt Ko L L 3 parable fixed trust. rivileges . . . . ree- The National Dairy Products Cor- 1104 l|i.l Lack & gnle'l’l. 2 5 5 Northern Pacific ('; a4k 10 i ration has acquired the Chapman 45 Denver & RG W pf.. 1% 6 : > X : | ans newesr ity Go. of Kantas City, Mo, This 15| 237 (135 Diamond Match (8) . ol we suputy : : Valuable rights are given to shareholders enabr ® § . ; the bty concern which owns the Ches {15 6% Dome Mines (1 * M Ol Er Ea bt 4 (8. h ling them, at a special pric® to increase their | properties without nut Farms Dairy Co. of city. Tl B 18 Dom Store! % k. 1 T : : i B N 5 - S Oliv Fr Eq ev pt(3). tion in ica’ 3 3 corporation s expending steadily 315 154 Duahill in 1 ek i participation in the prosperity of America’s basic | amortization Valuable Ptqu:ymnlt | ¥ Byllesby & Co., Inc., and Mor- 7 Drug Corporatn (4). 53 7 : 5 i his Mather & Co., Inc., are offering 145% ¢5% Du Pontde N (74.70) 20 112% 109 5 Otis Elev. n(2%), industries. $510,000 Arlington County Va, 415 per 103): 100 Dugues Lt 1stof (5) 6 103% 103 103 Pacific Coast. eent school bonds, pue from 1936 10 | 55y 1754 Eastman Kodak (18) 2 4 Pacific Gas & £ (2) g Price at market about 8% per share 1960, to yield 4.30 per cent. | 19% ®aton Axle & S (3).. P 2 " ific Lighting (3) ific Tel &' M. Descriptive Circular on Request fThe Interstate Commerce Commission | 114% 03tk Bles Autg Lite (6).. 9 78 Packa P Uater 41 Sy | t has reopened for further hearings the 9% 4 Ilectric Boat S i i » | H L R C m roceedings involving Tatcs on deiduous | 1034 49% ¥ Pwr & 14 (1) 260 T2 0% A L ’ | T us ompany tiforr roducing territory 0! 15 P& LD 60% pd 4.20. e 100t 1001 - . 5 i i rom California pr rritory i 1 &Lpf 60% pd 4.20. 1 1004 10015 100 e ba A A 1001 Fifteenth Street National 8100 Fastern and tranccontinental marketng & 112 Pwr & Lt of (1) 1 108% 108% 1083 ) P | e Bl e A A GrAHAM, PARSONS & Co st e . Endicott John (8)... 1 46 46% 46L, by i . Eng Pub8ve pfi6%) .2 100% 100% 1001 ;:{,':‘.“l'x'flm';.‘“' 1 1422 WALNUT STREET 48 WALL STREET 1 5 IRON ORE SHIPMPXTS. ' 50 ErieRR24pf(4)... 55 55 b Pathe Dxohange (A) PHILADELPHIA NEW YORK NEW YORK. July 24 (T)--Shipments | 43% '10% Eureka VacCléager. 6 12% 12 12 Patino Mines....... 12 | 2 % Loan Correspondent for “The Prudential® of fron ore from Latr ~ ' dacks to in- | 2% Fairbanks Co. . 4 8% 34 3 Peerless Motor Car. torior furnaces durin g 7 Fairbanks Co of., 15% 9% 15% Penick & Ford (1) 300 SOUTHERN BUILDING-WASHINGTON of July totaled.2,95° < 9 5 40 384 39 89 Penney (J C) (3). with 3,500.912 1 « LR 2 A a T 2 vt Aladhid £, Veu Lt & Tuae pl(6) 108 63, 93% 95 (Continued on Page 1%).